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Expect US deal to be signed by March: Commerce secy
Financial Express Mumbai
|February 12, 2026
COMMERCE SECRETARY RAJESH Agrawal on Wednesday said that India and the US could sign the first tranche of the trade deal by the end of March after having agreed on the broad contours of the trade deal earlier this month.
The signing of the deal is expected to lower the reciprocal tariffs on Indian goods from 25% to 18%. Washington has already rolled back the additional 25% tariffs imposed on August 27 last year over India’s purchase of Russian oil.
This story is from the February 12, 2026 edition of Financial Express Mumbai.
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